Taz Roopnarine Winter Springs Real Estate Logo
$165,000

189 Dr Martin Luther King Jr Street N

ST PETERSBURG FL, 33701

Description

Owner will consider PARTIAL FINANCE as primary lender to qualified buyer.REAL ESTATE has changed because of the CORONA VIRUS and so has the market!Big expensive buildings that must charge big expensive rents are no longer the norm.This condo unit is affordable which offers opportunity for affordable rents. Unit 189 was a retail space with large ADA restroom/dressing room. Buildout is complete and ready to open immediately. Retail trends are smaller with more affordable rent. Opportunity to purchase additional unit to combine spaces is available.Unit 189 and Unit 177 are next to each other. (See additional listing 177 MLK) Investor dream come true with possible 12%-15%+ Cap Rate.

Details

MLS#T2928616
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1925
Days On Site1069

Features

SQ Feet497
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Area Information
StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33701
Area33701 - St Pete
Listing VS Median (in 33701)
Price:
$165,000
low | high
Med:
$529,000
100% of Average
SqFt:
497
low | high
Med:
2,197
100% of Average
$ / SqFt:
$332
low | high
Med:
$241
77.473276230673% of Average
On Site:
1069
low | high
Med:
209
100% of Average
Listing Updated: December 8, 2020 12:21:32 PM PST
Pamela Colby-Ignoffo LogoMLS Number: T2928616
Listing Provided By:
Pamela Colby-Ignoffo  of  P. COLBY COMPANY INC.

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